2023-04-28 03:59:45 ET
- NatWest press release ( NYSE: NWG ): Q1 GAAP EPS of 13.20p.
- Revenue of £3.88B (+28.9% Y/Y).
- Total income, excluding notable items, increased by £1,036 million, or 37.2%, compared with Q1 2022 principally reflecting the impact of volume growth and yield curve movements.
- Bank net interest margin ( NIM ) of 3.27% was 7 basis points higher than Q4 2022.
- Q1 2023 attributable profit of £1,279 million and a return on tangible equity of 19.8%.
- Outlook: We retain the outlook guidance provided in the 2022 Annual Report and Accounts .
For further details see:
NatWest GAAP EPS of 13.20p, revenue of £3.88B; reaffirms FY22 outlook